English Labour - selling Scotland for BlackRock gold

In return for my support, give me more of Scotland

The Guardian has revealed English Labour’s plans to turn over the failing UK to Larry Fink’s BlackRock, the neoliberal capitalist super predator that already feeds on vast swathes of the global economy, managing over $10 trillion in assets. BlackRock has already wrapped its tentacles around Ukraine’s industries and land with the Ukraine Development Fund, a giant “public private partnership” which is a fig leaf for the wholesale privatisation of Ukraine.  

Blair’s New Labour greatly expanded public private partnerships, also known as Private Finance Initiatives (PFIs), where public authorities outsource the building and management of assets to private companies who siphon off the profits and load the ‘assets’ with debt that the public sector has to pay back.

Gordon Brown and Jack McConnell championed PFIs that have saddled Scotland with over £30 billion - five times the £5.6 billion the public sector would have spent if it had built and operated the buildings - that will take decades to pay off. 80 projects were completed between 1993 and 2006 giving us crumbling and inferior schools, hospitals, roads and sewage treatment plants.

Now Starmer’s English Labour wants to extend this failed model to the entire UK economy. Scotland’s NHS and renewables sector are prime targets. BlackRock already owns Edinburgh Airport, wind farms and financial management companies and can’t wait to grab more Scottish renewables. Starmer’s making it easy with the GB Energy scam, a shell company that will facilitate the flow of billions of pounds out of Scotland straight into Fink’s coffers. It’s why Fink is a vocal supporter of Sir Keir because he knows he’ll deliver the goods.

The end result is easy to foresee. More Scottish assets will be owned by foreign companies and governments. Scots will face even higher energy and food prices, receive lower real wages, and suffer more unemployment and poverty.

The UK government doesn’t need private finance to revive the failing economy. It can easily generate all the money it requires because it owns a central bank. As long as the investment increases the economy’s productive capacity by building new roads, houses, hospitals, schools and hiring more workers - it will more than pay for itself.  

But because English Labour is wholly owned by bloodsuckers like Fink, they’ll willingly do what their donors demand.

Come on Scotland, wake up before it’s too late. End the union.